SEC Form 4 · accession 0001209191-18-020422
GREEN DOT CORP · GDOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kuan Archer
Officer — Chief Operating Officer
Period of report
Mar 15, 2018
Accepted (ET)
Mar 16, 2018 · 7:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001386278
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 15, 2018 | A | 219,041 | $0.00 | A | 304,346 | D | |
| Class A Common StockF2 | Mar 15, 2018 | F | 27,150 | $67.04 | D | 277,196 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Class A Common Stock underlying performance-based restricted stock unit awards granted on September 21, 2016 and March 30, 2017. 25% of the awards vested on March 15, 2018 and the remaining 75% will vest ratably over the next three years on each December 31, subject to the reporting person's provision of service to the issuer on each vesting date.
- F2Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the PRSUs, based on a price of $67.04 per share, which represented the closing price of the issuer's Class A Common Stock on March 15, 2018, and does not represent a sale by the reporting person.